There has been yet another profit upgrade following the latest trading statement by Hotel Chocolat (LON:HOTC). The chocolatier reported its initial trading figures for the full year and there was a 21% improvement on 2019-20 and 24% of the peak in 2018-19.
The share price increased by 11p to 385p, which is still nearly one pound below the level reached near to the end of 2020 and around three-quarters of the all-time high for the share price.
The latest ten weeks of trading up until 27 June produced growth of 63% when compared with last year’s poorest trading period during which all sto...
